1. Economic data dynamics. The US economic resilience supported the US dollar. The initial value of the US Markit manufacturing PMI rose to 52.3 in May, a three-month high. The initial value of the service industry PMI was 52.3, which also exceeded expectation...

Basic news on Friday (May 23, Beijing time), spot gold trading around 3300.80, and gold prices turned from rising to falling on Thursday, as the dollar strengthened and investors took profit after hitting a two-week high at the beginning of the session. Howeve...

Global Market Review 1. The three major futures indexes in European and American markets rose and fell, with Dow futures falling by 0.03%, S&P 500 futures rising by 0.15%, and Nasdaq futures rising by 0.24%. The European Stoke 50 index fell 0.62%, the German D...

Trading activity in financial markets remained relatively calm earlier Thursday as investors were preparing for preliminary data on Purchasing Managers Index (PMI) in Germany, the euro zone, the UK and the United States. The U.S. economic calendar will also re...

Asian markets reviewed Wednesday, amid concerns about the Trump administration‘s tax cuts and spending bills and weak demand for 20-year U.S. Treasury bids, so far, are priced at 99.57. Overview of the fundamentals of the foreign exchange market The U.S. House...

On May 22, the dollar fell against a number of major currencies on Wednesday, with tax cuts and spending proposals led by U.S. President Donald Trump in a critical debate phase, with investors paying attention to the U.S. fiscal burden. In addition, the result...

On May 22, in the early trading of Asian market on Thursday, Beijing time, the US dollar index hovered around 99.56. On Wednesday, the dollar index continued to decline and fell below the 100 mark, which ended up closing down 0.42% at 99.60 due to concerns abo...

On Thursday, the US dollar index fell slightly, and the US dollar index showed weak recently, falling 0.6% on Wednesday, losing to the 100 integer mark, and its intraday low hit a new low of 99.33 in the past two weeks. Current market sentiment shows obvious c...